U.S. to fine railroads that fail to implement PTC safety system

Reuters News
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Posted: Jun 24, 2015 10:36 AM

WASHINGTON (Reuters) - U.S. railroads that fail to implement a safety technology system known as positive train control, or PTC, will face federal fines beginning Jan. 1, the top federal railroad regulator said on Wednesday.

Sarah Feinberg, acting administrator of the Federal Railroad Administration, told a House of Representatives oversight panel that the fines could be assessed per violation, per day, depending on a railroad's implementation progress.

She said fines could include $2,500 for failure to keep records and $25,000 for failure to complete PTC implementation on a track section.

(Reporting by David Morgan; Editing by Chizu Nomiyama)